With applications and concept papers submitted and well-received in Q4 2023, Ascent is prepared to lead groundbreaking research primarily in agrivoltaics and on-orbit manufacturing, as well as the development and manufacturing of advanced solar cells should the proposals be selected for funding. The Company plans to do this both individually as well as in partnership with like-minded industry players whose technologies and manufacturing processes complement Ascent’s own unique capabilities. These and other partnerships discussions are already underway.
As encouraged by the
“We’ve very optimistic about our recent technological breakthroughs and the increased research and commercialization opportunities that would come with the selection of our funding applications to these organizations,” said
Ascent has a rich history of working with
Ascent is well positioned in 2024 to lead and partner in federally funded research to further advance and commercialize innovative solar technologies. With significant efficiency improvements realized in Q4 of 2023 up to 17.72%, and additional technological development underway, Ascent has dedicated its 4.5MW facilities to large scale production of superior thin-film technology.
ABOUT
Backed by 40 years of R&D, 15 years of manufacturing experience, numerous awards, and a comprehensive IP and patent portfolio,
FORWARD-LOOKING STATEMENTS
Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements" including statements about the financing transaction, our business strategy, and the potential uses of the proceeds from the transaction. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the company's actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. We have based these forward-looking statements on our current assumptions, expectations, and projections about future events. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as “will,” "believes," "belief," "expects," "expect," "intends," "intend," "anticipate," "anticipates," "plans," "plan," to be uncertain and forward-looking. No information in this press release should be construed as any indication whatsoever of our future revenues, stock price, or results of operations. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the company's filings with the
MEDIA CONTACT
FischTank PR
ascent@fischtankpr.com
INVESTOR CONTACT
ir@ascentsolar.com
Source:
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